The presence of a large pool of participants characterizes the competitive landscape of the global micro irrigation systems market. As the market faces intense competition, major players are focusing on innovations as well as the integration of latest technologies into their existent offerings in order to retain their position, finds Transparency Market Research.
In the recent times, a number of leading companies have introduced advanced micro irrigation systems. For instance, Netafim launched its next-generation low-flow drippers and Toro introduced Aqua-Traxx Flow Control drip tape in 0.13 GPH emitter flow rate. However, over the coming years, manufacturers will undertake strategic partnerships to expand their product portfolios as well as to increase their sales, notes TMR.